Important resistance line being approached by GBP/JPY. This price has been tested numerous time in the last 24 days

Possible breach of resistance level by GBP/JPY
GBP/JPY is moving towards a resistance line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If GBP/JPY continues in its current trajectory, we could see it reach 162.4189 within the next 3 days.

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